The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-26), Escalon Medical's share price is $0.20. Escalon Medical's Book Value per Share for the quarter that ended in Dec. 2023 was $0.16. Hence, Escalon Medical's PB Ratio of today is 1.24.
The historical rank and industry rank for Escalon Medical's PB Ratio or its related term are showing as below:
ESMC'
s PB Ratio Range Over the Past 10 Years
Min: 0.28 Med: 1.3 Max: 4.94
Current: 1.25
During the past 13 years, Escalon Medical's highest PB Ratio was 4.94. The lowest was 0.28. And the median was 1.30.
ESMC's PB Ratio is ranked better than 66.04% of 795
companies
in the Medical Devices & Instruments industry
Industry Median: 2.19
vs ESMC: 1.25
During the past 12 months, Escalon Medical's average Book Value Per Share Growth Rate was 136.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -9.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -13.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Escalon Medical was 66.50% per year. The lowest was -62.90% per year. And the median was -12.90% per year.
Back to Basics: PB Ratio
Escalon Medical PB Ratio Historical Data
The historical data trend for Escalon Medical's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Escalon Medical's PB Ratio
For the Medical Devices subindustry, Escalon Medical's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Escalon Medical's PB Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Escalon Medical's PB Ratio distribution charts can be found below:
* The bar in red indicates where Escalon Medical's PB Ratio falls into.
Escalon Medical PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Escalon Medical's PB Ratio for today is calculated as follows:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Escalon Medical PB Ratio Related Terms
Thank you for viewing the detailed overview of Escalon Medical's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Escalon Medical (Escalon Medical) Business Description
Escalon Medical Corp operates in the healthcare market specializing in the development, manufacture, marketing, and distribution of medical devices and pharmaceuticals in the area of ophthalmology. Its products are A-Scans, B-Scans, UBM, Pachymeters, Color/Fluorescein Angiography Digital Imaging Systems, Ispan Intraocular Gases, Surgical Packs, Viscous Fluid Transfer Systems, and AXIS Image Management. Substantial revenue is generated from the domestic sales of products.
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